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For sale
  • $425,000

    111 University Dr, Ruidoso, NM 88345

    3beds
    2,257sqft
    : 
    Single Family Residence
    Built in 1995
    0.4 Acres Lot
    $-- Zestimate®
    $188/sqft
    $-- HOA

    What's special

    Open-concept livingWell-sized bedroomsComfortable sleeping quarters
    Welcome to this beautifully maintained single-level retreat nestled in the serene mountain village of Ruidoso, New Mexico. Generous open-concept living: the spacious living room flows seamlessly into the dining area and kitchen--ideal for casual living and entertaining. Comfortable sleeping quarters: three well-sized bedrooms and two full baths. Built in 1995 and in a solid Southwest home style, the home blends nicely with the mountain-town character of the area. With its size, lot and setting, this property represents a rare opportunity--especially for someone seeking primary residence, weekend getaway or mountain-town investment property!
    58 days
    |
    784
    |
    37
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 10, 2025 at 04:05am

    Listed by:

    Leslie Sisk 575-937-8782,

    Mountain Home Properties NM 575-315-1885

    Source: RLCMLS,MLS#: 133289MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bonus Room
    Primary bedroom
    • Level: Main
    Heating
    • Forced Air, Fireplace(s), Natural Gas
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Washer
    Features
    • Breakfast Bar, Ceiling Fan(s), Storage
    • Flooring: Carpet, Tile
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,257 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Circular Driveway, Garage, RV Access/Parking
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Courtyard
    • Has view: Yes
    • View description: Mountain(s), Trees/Woods
    Lot
    • Size: 0.4 Acres
    • Features: Interior Lot, Sloped Up, Wooded
    Details
    • Parcel number: 4072062198118000000
    • Zoning: R1
    • Other equipment: None
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Pueblo
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Metal,Pitched
    Condition
    • See Remarks
    • Year built: 1995

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Not Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Airport West 2nd Addition
    Location
    • Region: Ruidoso

    Financial & listing details

    • Price per square foot: $188/sqft
    • Tax assessed value: $379,500
    • Annual tax amount: $3,803
    • Date on market: 11/1/2025
    • Cumulative days on market: 59 days
    • Listing terms: Cash,Conventional,1031 Exchange,VA Loan
    • Electric utility on property: Yes
    • Road surface type: Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/1/2025Listed for sale$425,000-3.4%$188/sqft
    Source: RLCMLS #133289 Report a problem
    10/1/2025Listing removed$439,900$195/sqft
    Source: RLCMLS #130717 Report a problem
    6/8/2025Price change$439,900-2.2%$195/sqft
    Source: RLCMLS #130717 Report a problem
    11/19/2024Price change$449,900-4.1%$199/sqft
    Source: RLCMLS #130717 Report a problem
    9/23/2024Price change$469,000-2.1%$208/sqft
    Source: RLCMLS #130717 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$3,803 +53.2%$126,500 +51%
    2023$2,482 +3.5%$83,793 +3%
    2022$2,399 +3.6%$81,353 +3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,382/mo
    Principal & interest
    $2042
    Property taxes
    $191
    Home insurance
    $149

      Climate risks

      Neighborhood: 88345

      Nearby schools

      GreatSchools rating

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